CHINA: Budget blowout for Olympic Games
Updated
The organising committee for the Beijing Olympics has just announced it's had to increase the Games budget by nearly half a billion U-S dollars. The total cost of the Olympics has now spiralled to a whopping two billion dollars, with most of that money being spent on security.
Presenter: Xiaoning Mo
Speakers: Chen Xingdong, chief China economist at BNP Parabas Securities Asia; Dr Richard Cashman, expert in Olympic Studies at the University of Technology Sydney
